Dongyangguang responds to the key suspicion about the 19 billion yuan computing power contract: "Company A" is not ByteDance, and the order has taken effect.

Mars Finance News: On May 6, following the disclosure of a computing power services framework contract worth 16 billion yuan to 19 billion yuan yesterday, Dongyangguang, a global leading producer of high- and medium-voltage electrochemical foil, quickly became a market hotspot. On May 6, it hit the daily trading limit immediately at the opening. By the close of trading, Dongyangguang reported 38.94 yuan per share, with a total market value of 1171.92 billion yuan. However, regarding this announcement, who exactly is the mysterious client, A Company, mentioned in the notice? As for A Company’s identity, market speculation suggests it could be ByteDance. When asked in a call whether “A Company is ByteDance,” Dongyangguang denied it, stating plainly, “No.” In a subsequent email confirmation, Dongyangguang said: “Due to commercial confidentiality arrangements, information related to the counterparty in this transaction will not be disclosed to the public at this time.” When pressed further, “Can you disclose the industry A Company belongs to or its prior cooperation basis?” the other party responded, “It’s not convenient to disclose, because this cooperation involves relatively high commercial confidentiality requirements; therefore, the company has applied for an exemption from disclosing the specific client information.” Dongyangguang’s core response is that its contract is not only a framework agreement, and it has already entered a substantive stage in which orders take effect. (Blue Whale News)